SaPinoT
ActiveSaPinoT has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €141k and a net result of €5k. Equity is growing by ~29.1% per year across the filed fiscal years. Its solvency ranks better than 21% of 1306 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability19▼-20
Solvency39=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.46 against 2.53 in 2023), but 90.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 1306 sector peers (2024).
NBB · sector comparisonPosition among 1306 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
69 d late
2023
66 d late
2022
63 d late
2021
30 d late
2020
89 d late
2019
119 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€141k▲ 4.0%
2023 · €135k
2018: €-56k
2019: €-88k
2020: €52k
2021: €125k
2022: €125k
2023: €135k
2018 → 2024
Total assets
€1.54M▲ 2.6%
2023 · €1.50M
2018: €767k
2019: €1.06M
2020: €1.06M
2021: €1.54M
2022: €1.26M
2023: €1.50M
2018 → 2024
Net result
€5k▼ 48.7%
2023 · €11k
2018: €-62k
2019: €-32k
2020: €140k
2021: €73k
2022: €58
2023: €11k
2018 → 2024
Working capital
€908k▲ 1.0%
2023 · €899k
2018: €584k
2019: €637k
2020: €788k
2021: €860k
2022: €851k
2023: €899k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€52k-€125k▲ 139%€125k=€135k▲ 8.5%€141k▲ 4.0%
Operating result€175k-€135k▼ 23.0%€32k▼ 76.4%€53k▲ 66.0%€50k▼ 5.3%
Net result€140k-€73k▼ 48.1%€58▼ 99.9%€11k▲ 18,044%€5k▼ 48.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 5% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.54M
Fixed assets
€12k▼ 5.6%
Current assets
€1.53M▲ 2.7%
Equity and liabilities €1.54M
Equity
€141k▲ 4.0%
Debt
€1.40M▲ 2.5%
The debt ratio falls from 91.0% to 90.9%: equity grows faster than debt.
Key figures and ratios
EBITDA
€51k▼
2023 · €54k
Cash flow
€7k▼
2023 · €12k
Solvency
9.1%▲
2023 · 9.0%
Current ratio
2.46▼
2023 · 2.53
Quick ratio
1.82▼
2023 · 1.85
Debt / equity
9.94▼
2023 · 10.09
ROE
3.9%▼
2023 · 7.8%
ROA
0.4%▼
2023 · 0.7%
Interest coverage
1.43▼
2023 · 1.70
Debt
€1.40M▲
2023 · €1.37M
Debt ≤ 1 year
€620k▲
2023 · €589k
Debt > 1 year
€775k=
2023 · €775k
Income taxes
€9k▼
2023 · €10k
Staff costs
€20k▼
2023 · €56k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.50M€1.54M▲
Fixed assets21/28€13k€12k▼
Intangible fixed assets21€6k€4k▼
Tangible fixed assets22/27€7k€8k▲
Plant, machinery and equipment23€310€310=
Furniture and vehicles24-€674
Other tangible fixed assets26€7k€7k=
Current assets29/58€1.49M€1.53M▲
Stocks and contracts in progress3€402k€397k▼
Stocks30/36€402k€397k▼
Amounts receivable within one year40/41€1.08M€1.13M▲
Trade receivables40€1.04M€1.13M▲
Other amounts receivable41€38k-
Cash at bank and in hand54/58€5k€1k▼
Deferred charges and accrued income490/1€968-
Equity and liabilities
Total equity and liabilities10/49€1.50M€1.54M▲
Equity10/15€135k€141k▲
Contributions10/11€75k€75k=
Profit (loss) carried forward14€60k€66k▲
Amounts payable17/49€1.37M€1.40M▲
Amounts payable after more than one year17€775k€775k=
Financial debts170/4€775k€775k=
Amounts payable within one year42/48€589k€620k▲
Trade debts44€522k€466k▼
Suppliers440/4€522k€466k▼
Taxes, remuneration and social security45€62k€49k▼
Taxes450/3€49k€49k▼
Remuneration and social security454/9€13k-
Other amounts payable47/48€6k€105k▲
Accrued charges and deferred income492/3€2k€4k▲
Income statement
Code20232024
Remuneration, social security and pensions62€56k€20k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€10k
Other operating charges640/8€8k€4k▼
Gross operating margin9900€118k€86k▼
Operating profit (loss)9901€53k€50k▼
Financial income75/76B-€32
Recurring financial income75-€32
Financial charges65/66B€32k€36k▲
Recurring financial charges65€32k€36k▲
Profit (loss) for the period before taxes9903€21k€14k▼
Income taxes67/77€10k€9k▼
Profit (loss) for the period9904€11k€5k▼
Profit (loss) for the period to be appropriated9905€11k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€60k€66k▲
Profit (loss) brought forward from the previous period14P€50k€60k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 66 days late
2023
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 63 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Equity above €100kEq €125k ▲139%
2 profitable years in a row build equity to €125k.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Back to profitnet €140k
Net result €140k after 2 loss-making years.
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
07-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 68 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
2016
30-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
24-02-2025
Kris Jeuris: Resigned as Director
03-01-2024
Kris Jeuris: Appointed as Director
03-01-2024
JEURIS Bert Jos: Resigned as Manager
03-01-2024
LANTSOGHT Tom Hans Arlette: Resigned as Manager
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lippenslaan 1398300 Knokke-HeistGround area
373 m²
Building footprint
342 m²
Volume, LiDAR
3,502 m³
Parcel 31013C0328/00_000, Flanders · tallest building 23.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SaPinoT
since 20132.223.306.712
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013C0328/00_000 | Flanders | 373 m² | 1 · 342 m² | 23.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKnokke-Heist2.223.306.712
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Of 1,029 companies in sector 52100 we hold annual accounts for 762. 441 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-10-2013
Fiscal year end31-12
Activities, NACEBEL
52100Warehousing and storage
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.